Lloyds chief Antonio Horta-Osorio is working 24-7 to turn around the bank ... - Telegraph.co.uk
Sat, 09 Jul 2011 20:37The end of last month saw the publication of his highly-anticipated strategic review, which proved a hit with the City, leading the share price to soar nearly 10pc, adding £3bn to the bank's market capitalisation – not bad for a day's work. ...
How Lloyds was reined in - Herald Scotland
Sun, 03 Jul 2011 11:03The City lapped all this up, pushing up Lloyds' share price 9%. This contrasted with similar strategic announcements from HSBC and Barclays in recent weeks, both of which saw shares slide. It was also despite the fact that Horta-Osorio cut targets for ...
APA unveils plans for RBS 'bad' bank - Financial Times
Fri, 08 Jul 2011 20:11Like a good paella, Santander's recipe for financing its global expansion has been simple but effective: take a profitable regional subsidiary, sprinkle it with an overseas stock market listing, then stand back and watch its value soar. ...
Lloyds Puts the Boring Back Into Banking - Wall Street Journal (blog)
Thu, 30 Jun 2011 09:41Its plans are also reliant on the UK economy improving; a decline in house prices would be disastrous for its large stock of high loan-to-value mortgages. Mr. Horta-Osorio acknowledged the bank's fortunes are “inextricably linked” to the UK economy's. ...
The future is flat - Mortgage Strategy
Mon, 27 Jun 2011 16:21Finlay: Lenders are wondering what the size of the remortgage market is going to be and all want a share of it. If we're not getting the share we want or have more capital than expected then we will adjust our prices accordingly to bring in new ...
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